ZJK Industrial Co., Ltd. (NASDAQ:ZJK) Sees Significant Decrease in Short Interest

ZJK Industrial Co., Ltd. (NASDAQ:ZJK) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 20,609 shares, a decrease of 35.8% from the September 30th total of 32,102 shares. Based on an average daily volume of 6,301 shares, the short-interest ratio is presently 3.3 days. Currently, 0.0% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of ZJK Industrial in a research note on Friday, August 21st. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Reduce”.

ZJK Industrial Price Performance

NASDAQ ZJK opened at $1.46 on Tuesday. The stock’s fifty day moving average price is $2.00 and its 200 day moving average price is $2.09. ZJK Industrial has a 1 year low of $1.35 and a 1 year high of $4.05.

ZJK Industrial (NASDAQ:ZJK) last issued its earnings results on Monday, September 21st. The company reported $0.04 earnings per share (EPS) for the quarter. The firm had revenue of $16.87 million during the quarter.

About ZJK Industrial

ZJK Industrial Co, Ltd. is a China-based manufacturer of precision metal components and fastening products. The company develops and produces items such as screws, nuts, bolts, washers and other customized hardware used in industrial and commercial applications.

Its manufacturing capabilities include tooling and mold development, precision stamping, CNC machining, surface treatment and component assembly. These services allow ZJK Industrial to provide customized parts and integrated production support for customers that require specialized metal components.

ZJK Industrial serves customers through its operations in China and supplies products for applications that may include electronics, automotive and other industrial equipment.